NewCold has officially unveiled the second phase of its Lebanon warehouse, doubling its capacity and establishing one of the largest and most advanced cold storage facilities in the world.
With a combined $300 million investment, this expansion is a significant milestone in NewCold’s mission to bolster the resilience and efficiency of the global food supply chain. The facility now boasts over 200,000 pallet positions, thanks to the addition of 100,000 positions in this latest phase.
A Commitment to Growth and Innovation
“Our expansion in Lebanon underscores our commitment to supporting our customers’ growth and strategic objectives,” said Bram Hage, Founder and CEO of NewCold. “This new facility allows us to provide more reliable and sustainable solutions, ensuring that we meet the evolving needs of producers worldwide.”
The state-of-the-art facility is powered by cutting-edge automation and advanced proprietary technology designed to boost operational efficiency and sustainability. This commitment to innovation positions NewCold as a leader in cold storage solutions.
Mike Shawgo, NewCold’s President of North America, emphasized the significance of the new facility: “Our expansion represents a significant leap forward in our commitment to innovation and sustainability. We are not only enhancing operational efficiency but also delivering unparalleled benefits to our customers.”
Sustainability at the Core
The Lebanon facility is equipped with proprietary technology that improves energy efficiency by approximately 50% compared to traditional warehouses. Designed for 24/7 operation, the facility also aims to achieve greater grid independence by leveraging renewable energy sources, further solidifying NewCold’s commitment to sustainability.
Driving Economic Growth in Indiana
Beyond operational advancements, the expanded facility brings substantial economic benefits to the region. It has created numerous high-quality jobs, contributing to Indiana’s economic growth and strengthening its reputation as a hub for innovation and logistics.
Looking Ahead
As NewCold continues to innovate, the company remains committed to maintaining its leadership in the cold storage industry. The Lebanon facility’s success is a testament to NewCold’s dedication to continuous improvement, with further advancements on the horizon.
For more information about NewCold and its Lebanon facility, visit NewCold’s website or contact Boone EDC for details on how this project is shaping the economic landscape of Boone County.